European regulators want Google to delay new privacy policy
European regulators have asked Google to delay a new, controversial privacy policy change because they want more time to investigate how well user data will be protected.
Google announced last week that it would change its privacy policy by combining 60 policies into one, with the changes going into effect March 1. While simplification of hard-to-read policies is nice, Google has attracted criticism because it will now combine user data across all of its services, … Continue Reading
European regulators investigate Facebook facial recognition over privacy concerns
Several European privacy regulators said Wednesday they are investigating Facebook’s facial recognition software, which was enabled without the consent of millions of users Tuesday, according to the Financial Times. Facebook says the purpose of the new feature is to make it easier for users to tag photos.
Facebook, which has more than 600 million active users, has repeatedly been criticized for not doing enough to protect users’ privacy and implementing new features concerning privacy without … Continue Reading
Microsoft's first antitrust target: Google
How the tables have turned. Microsoft, a company that is no stranger to regulator scrutiny, is planning to file an antitrust complaint against Google in Brussels today, the New York Times reports.
The move will be Microsoft’s first antitrust complaint against another company, which makes it more significant than a typical antitrust cry. Simply put, it’s a sign of desperation. The antitrust complaint tells us that Microsoft can no longer compete with Google directly, especially … Continue Reading
Good heavens! SEC could take aim at super angels
New financial regulations proposed by the U.S. Securities and Exchange Commission will fall most heavily on super angels, a lawyer who specializes in the industry told VentureBeat this week.
Angel investors are wealthy individuals who put money in startups, often providing a company’s first funding. Super angels, unlike regular angels, also manage other people’s startup investments — putting them in a different class from regulators’ perspectives.
Jeff Bloom, partner and chair of the venture capital … Continue Reading
On the GreenBeat: Ener1 sells $20 million in stock, Hara's success could attract buyers
Battery company Ener1 is selling $20 million in stock as part of efforts to expand capacity at its plants, Dow Jones Newswires reports. Ener1 batteries are geared towards electric vehicle use. The company announced a $65 million capital raise earlier this month. It has raised over $160 million in equity so far and also earned a government grant.
Energy management startup Hara seems to be on an upward swing and could become a prime acquisition … Continue Reading
Why dangerous defibrillator leads could usher in new medical-device regulations
Battery company Ener1 is selling $20 million in stock as part of efforts to expand capacity at its plants, Dow Jones Newswires reports. Ener1 batteries are geared towards electric vehicle use. The company announced a $65 million capital raise earlier this month. It has raised over $160 million in equity so far and also earned a government grant.
Energy management startup Hara seems to be on an upward swing and could become a prime acquisition … Continue Reading
